A 2022 report from Medscape highlights compensation survey results from the last year for U.S. orthopedic surgeons. From average income to incentive bonuses, here are 12 of those survey results.
1. Orthopedist average income rose from $511,000 in 2021 to $557,000 in 2022.
2. Orthopedics and allergy physicians both saw a 9 percent rise in compensation.
3. The COVID-19 pandemic is responsible for 82 percent of orthopedists' wage decline.
4. Orthopedists had the highest average incentive bonus, at $126,000.
5. Employed orthopedists have an average income of $579,000, while self-employed workers make about $537,000.
6. Forty-two percent of orthopedists said they take on extra work to supplement their income.
7. Fifty-two percent of orthopedists said they feel they are fairly compensated.
8. Seventy-eight percent of orthopedists said they would choose medicine again if they had it to do over.
9. Ninety-seven percent said they would choose orthopedics again.
10. Orthopedists spent an average of 14 hours a week on paperwork.
11. Seventy-four percent of orthopedists said they will continue taking Medicare and Medicaid patients.
12. Twenty-five percent of orthopedists said that getting reimbursed by Medicare and insurance is the hardest part of their jobs.